Earnings growth forecast to reduce from 25% in last 9 months to 6-8% yoy basis

Over the past three years, Indian corporate earnings growth has maintained a solid momentum, achieving a CAGR of 24%, for Nifty50. Throughout this period of sustained expansion, there have been fluctuations. Following the challenges posed by the COVID-19 pandemic, businesses exhibited a remarkable recovery, as evidenced by a 40% growthRead More →

Nifty Auto soars 75% in FY24; what lies ahead for the sector?

In Q3FY24, automotive companies experienced favorable year-on-year volume growth across multiple segments. This increase in volume was further reinforced by improved realisation, attributed to the implementation of premiumisation strategies and enhanced net pricing. Additionally, favorable margin performance was achieved through a beneficial product mix and advantages derived from the easingRead More →

General Elections 2024: Market volatility expected around poll results, says study

Analysing four election cycles spanning over 20 years, the study pointed out that during each of these periods, investors have consistently achieved above-average returns, whether preceding or following the announcement of election results. Moreover, the data indicates that even within a minimum investment timeframe of one year, investors have experiencedRead More →

Euphoria of mid and small caps will consolidate going ahead, says market expert

Corporate earnings growth was exceptional. For example, in H1FY24 (April – Sept 2023), the Nifty50 and Nifty100 constituent stock baskets witnessed impressive PAT growth rates of 27% and 35%, respectively. Primarily, there was a resurgence in domestic inflows, particularly benefiting mid and small-cap segments.  Index Closing 31st March 2023 29thRead More →